Nondepository credit intermediation

At a $26,950 median in gross receipts, the typical person under this code is running a real but part-time operation. Full-time equivalence would require roughly triple this before costs.

24,277 filings sit behind this code — a workforce the size of a mid-sized occupation that no payroll survey counts, because none of it runs through a payroll.

5,875 filers, 24.2% of the total, took $100,000 or more in receipts. Read the size of that group as evidence about turnover in Nondepository credit intermediation rather than about income: the costs scale with it.

Independent credit intermediation work is licensed and commission-weighted, and suits people who can survive a long unpaid ramp before the first closing.

There is no training requirement to file under this code — which is precisely why so many people appear in the bottom bands. Entry being free is not the same as the work being viable.

The top quarter of Nondepository credit intermediation earns 11.9x the bottom quarter — under $8,134 against over $96,653, a spread of $88,519. Distributions this stretched are usually two different jobs sharing one label, and any average across them means little.

The bottom quarter of Nondepository credit intermediation earns under $8,134 — $41,886 below the $50,020 a typical American job pays. Entering at the bottom and waiting is a live risk here, not a theoretical one, and some people never leave that quarter.

Do not start this without a year of expenses banked. The licensing period alone outlasts most people’s savings.

Of 24,277 filers in 2022, 29.5% took under $10,000 across the whole year in gross receipts: 7,154 people. Whatever the working version of Nondepository credit intermediation looks like, a third or more never reach it.

Read that as a floor, not an estimate. Census publishes gross receipts, not net income, so everyone inside that share earned less than $10,000 suggests once costs came out — and filers who grossed well above $10,000 may still have netted nothing.

A ratio of 11.9x between the quarters is the signature of a winner-take-most distribution. $26,950 is a real number about a real population, but nobody entering Nondepository credit intermediation should plan around it.

The middle half of this field earns between $8,134 and $96,653. That is $88,519 of range, with $26,950 sitting inside it as the point half the field is above and half below.

Getting to $96,653, the 75th percentile, is worth $69,703 a year more than the $26,950 midpoint and $88,519 more than the $8,134 a quarter of Nondepository credit intermediation settle for.

$18,816 below the midpoint, $69,703 above it. That asymmetry is extreme even for this data, and it means every summary of Nondepository credit intermediation that is not a median — including any average you see quoted elsewhere — is describing the top of the range rather than the middle.

Spread across a 2,080-hour year those receipts come to $12.95 an hour at the midpoint, $3.91 at the 25th percentile and $46.46 at the 75th. That is turnover per hour, not pay per hour, and it is not comparable with the $24.04 an hour a typical American job pays.

The raw counts, before anyone interprets them: under $5,000, 4,245 filers. $5,000 to $9,999, 2,910. $10,000 to $24,999, 4,712. Over $100,000, 5,864 — and 2,711 over $250,000.